World Bank: Climate literacy – a must for businesses

Al Jazeera English

Published on Dec 14, 2015

Jim Yong Kim, the president of the World Bank, hits back at critics of the Paris agreement on climate change.He told Al Jazeera that businesses arount the world need to become climate change literate.”I would encourage every single business in the world, if they haven’t done it already, to become climate change literate,” he said. “There is not a business in the world can efford to ignore climate change. The investment strategies are going to change, the things we invest in are going to change.”The World Bank has already pledged $6bn for building climate resilient infrastructure, Kim said.”We think that we need $10bn more than that,” he said.

Global Climate Change
Environmental Justice
Environment Ethics

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